Market Remains Cautious Prior to US-China Trade Talks

Daily Update -9th May 2019

Yesterday’s Market

• NZD Interest Rate Decision
• BOJ Monetary Base

Yesterday’s Explained

Yesterday’s reports showed no momentum to the dull start of the week and New Zealand Kept their Interest Rates Unchanged & Bank of Japan Monetary Base decreased showing no volatility expected within the day.

 

Today’s Market

• US Initial Jobless Claims & Continuing Jobless Claims

Today’s Focus

By mid-day we will receive US Reports on US Initial Jobless Claims & Continuing Jobless Claims which will be an important data since it influences the strength and direction of the US economy.